Mgp Nutrition Ltd

Mgp Nutrition Ltd is a small, active family business based in St. Albans, UK, founded ten years ago in 2015. The company, with five employees and £414,448 in assets, operates from a real address and is managed by three directors and two owners. It runs an e-commerce site and regularly imports drinks, alcohol, and vinegar—the latest import was made in July 2024.

The company’s website, mgpnutrition.com, positions itself as the UK's best sports nutrition brand, offering hydration drinks, protein bars, protein powder, and spring water. The site emphasizes award-winning products, free delivery over £40, and a focus on fueling performance. Originally designed for golfers, the brand has expanded to cater to a wider audience, including cyclists, weight trainers, and everyday consumers. The website also features a section showcasing athletes who use MGP Nutrition products and a blog with recipes and fitness tips.

Financially, Mgp Nutrition Ltd shows a mixed picture. Current assets increased by 19%, reaching £410,000, while net assets grew by 13%, reaching £330,000. Bank borrowings remained stable at £6,000, and cash reserves increased by 180%, reaching £98,000. However, accrued liabilities rose by 79%, reaching £3,200, and trade debtors increased by 48%, reaching £180,000. The company meets the criteria for a small business, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are unaudited, which is typical for small companies. The company's tax policy is to recognise current and deferred tax in the statement of income and retained earnings.

Despite the positive trends in assets and cash, the rise in accrued liabilities and trade debtors suggests the company might be experiencing some cash flow pressures. It's possible that increased sales have led to higher costs and longer payment cycles from customers, but the company’s strong growth in assets and cash reserves indicates a generally healthy financial position.

Registered in England/Wales under the registration number 09458543, with a registered address at AL4 8EN, England, St. Albans, Unit 4 Beech Hyde Farm Dyke Lane, Wheathampstead.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.